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My wifi:

Download Speed: 14958 kbps (1869.8 KB/sec transfer rate)
Upload Speed: 969 kbps (121.1 KB/sec transfer rate)

using mobile me..my airport extreme is literally 3 feet away from me..sitting at my desk syncing over wi-fi on my iphone 3GS takes a minute to a minute and a half. Even if I do nothing...just hit the sync button a second time..it still takes over a minute.